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D Question 15 1 pts . Suppose you take out a 20-year mortgage for a house that costs $414.214. Assume the following: The annual interest

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D Question 15 1 pts . Suppose you take out a 20-year mortgage for a house that costs $414.214. Assume the following: The annual interest rate on the mortgage is 4%. . The bank requires a minimum down payment of 10% at the time of the loan . The annual property tax is 1.7% of the cost of the house. The annual homeowner's insurance is 1.4% of the cost of the house. The monthly PMI is $56 . Your other long-term debts require payments of $556 per month If you make the minimum down payment what is the minimum gross monthly salary you must earn in order to satisfy the 28% rule and the 36% rule simultaneously? Round your answer to the nearest dollar

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